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  • Biotech & Pharma Updates | April 21 - 22, 2025

Biotech & Pharma Updates | April 21 - 22, 2025

Roche pledges $50B to expand US drug production, AstraZeneca rejoins PhRMA, Biolinq $100M Series C for intradermal biosensors in glucose monitoring, B Cobenfy (xanomeline/trospium chloride), an M1/M4 muscarinic receptor agonist, failed Ph3 trial as add-on therapy for schizophrenia.

All the top Biotech & Pharma news in one daily newsletter.

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✅ The Good News ✅ 

THE GOOD
Clinical Trials

Cellphire Therapeutics' CLPH-511, a cryopreserved platelet product, met primary efficacy endpoint in Ph2/3 trial for uncontrolled hemorrhage during cardiopulmonary bypass surgery
Platelet-derived product, uncontrolled hemorrhage - Read more

Ascletis Pharma reports positive Ph1b results for ASC30, a GLP-1R agonist oral tablet, showing up to 6.5% weight reduction in obesity patients
GLP-1, obesity - Read more

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 More Good News 

THE GOOD
Fundraises

Sirona Biochem secures $3M CAD ($2.17M USD) investment and joint venture with Promura for drug discovery development
Drug discovery, aesthetic medicine - Read more

GenrAb $5.6M Seed, developing neuroprotective therapies with focus on TGM-010 antibody for neurodegenerative diseases
Antibody, neurology, neuroprotection - Read more

Field Medical raises $40M in Series A funding for cardiac pulsed field ablation technology to treat heart arrhythmias
Medical countermeasures, pulsed field ablation, cardiac arrhythmia - Read more

Biolinq $100M Series C, developing intradermal biosensor platform for glucose monitoring with activity tracking
Medical device, continuous glucose monitoring, diabetes - Read more

THE GOOD
Investments

Roche pledges $50B to expand US drug production, creating 12,000 jobs amid tariff threats from Trump administration
Domestic manufacturing, tariffs, big pharma strategy -Read more

THE GOOD
Lawsuits

Walgreens agreed to pay $300M to DOJ for illegally filling opioid prescriptions, with additional $50M contingent on company changes
Opioid epidemic, opioid, opioid epidemic suit - Read more

THE GOOD
Mergers & Acquisitions

Alumis and Acelyrin revised merger terms, increasing exchange ratio to 0.4814:1, shifting ownership balance to 52% Alumis, 48% Acelyrin
Monoclonal antibody, small molecule, plaque psoriasis, thyroid eye disease - Read more

KKR offers to acquire Swedish life sciences company Biotage for $1.2bn, with board recommending shareholders accept.
Equipment/Instrumentation - Read more

THE GOOD
Partnerships

Regeneron Pharmaceuticals, Fujifilm Diosynth Biotechnologies, $3bn partnership to double US manufacturing capacity for biologics
Manufacturing partnership, biologics manufacturing - Read more

SOMAÍ, SHERBINSKIS, BOUTIQ, exclusive partnership to manufacture and distribute medical cannabis products across Europe and Australia
Cannabinoid, distributon partnership - Read more

THE GOOD
Politics & Policy

AstraZeneca rejoins PhRMA lobbying group after two-year absence amid potential tariffs and increased US manufacturing investments
Lobbying, domestic manufacturing, tariffs - Read more

Arkansas passes law banning PBMs from owning pharmacies, sparking debate and similar bills in other states
Pharmacy, pharmacy benefit managers - Read more

THE GOOD
Product Launches

BD launches HemoSphere Alta monitor with AI to predict blood pressure changes during surgery - “first major product launch” from Edwards Lifesciences acquisition
Medical device, AI, blood pressure monitoring - Read more

THE GOOD
Strategic Plans

Pharmaceutical companies stockpiling drugs in US to mitigate anticipated Trump tariffs while considering long-term manufacturing adjustments.
Big pharma strategy, tariffs, supply chain - Read more

❌ The Bad News

THE BAD
Clinical Trials

Bristol Myers Squibb's Cobenfy (xanomeline/trospium chloride), an M1/M4 muscarinic receptor agonist, failed Ph3 trial as add-on therapy for schizophrenia.
Small molecule, schizophrenia - Read more

THE BAD
Earnings & Finances

Danaher faces $350M tariff impact but plans mitigation through regional manufacturing, pricing strategies, and $150M cost savings.
Equipment/Instrumentation, tariffs - Read more

THE BAD
Public Health

Biden-era Project NextGen halts vaccine trials by GeoVax, Castlevax, and Vaxart amid HHS restructuring under Robert F. Kennedy Jr.
Vaccine, pandemic preparedness, public funding, vaccine hesitancy - Read more [Paywall]

👹 The Ugly News 👹

THE UGLY
Lawsuits

Harvard sues Trump administration over $2.2 billion funding freeze affecting research, claiming government overreach into academic decisions
Public funding suit, federal research funding - Read more

Sam Waksal, previously convicted of insider trading, now sued for alleged fiduciary breaches and administering unapproved drugs to a child
Smuggling, Illegal importation, reckless acts - Read more [Paywall]

THE UGLY
Politics & Policy

Trump administration revisits plan to tie US drug prices to lower prices in other countries, concerning pharmaceutical industry
Drug pricing - Read more

THE UGLY
Regulatory

FDA staff cuts delay hearing decision for Vanda Pharmaceuticals' drug tradipitant by months, affecting appeals process
Drug approval process - Read more [Paywall]

You’re all caught up on the latest Pharma & Biotech News!

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